HomeMy Public PortalAbout02-22-11 - Pension Workshop.tifMINUTES
PENSION WORKSHOP
KEY BISCAYNE, FLORIDA
TUESDAY, FEBRUARY 22, 2011
COUNCIL CHAMBER
560 CRANDON BOULEVARD
The meeting was called to order by the Mayor at 6:10 p.m. Present were Councilmembers Michael
W. Davey, Robert Gusman, Mayra P. Lindsay, James S. Taintor, Vice Mayor Michael E. Kelly and
Mayor Franklin H. Caplan. Councilmember Enrique Garcia was absent. Also present were Village
Manager Genaro "Chip" Iglesias, Village Clerk Conchita H. Alvarez and Village Attorney Raquel
Elej abarrieta.
The Mayor welcomed the public to the workshop regarding the Pension system of the Village of Key
Biscayne.
The Manager addressed the Council regarding tonight's presentation and introduced the following
Pension Board Members: Steve Liedman, Servando Parapar, Deputy Police Chief Joe Monteagudo
and Fire Captain Michael Haring.
Mr. Steve Palmquist with Gabriel Roeder Smith & Company, Consultants & Actuaries for the
Pension Fund addressed the Council regarding the Actuarial Valuation Report.
Mr. Burgess Chambers with Burgess Chambers & Associates, Inc., Institutional Investment Advisors
also addressed the Council.
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February 22, 2011
Mr. Stephen Cypen with Cypen and Cypen, Attorney for the Pension, also addressed the Council.
Pension Board Members Liedman, Haring and Parapar addressed the Council.
President of the Firefighters' Labor Union, Lieutenant Gary Carter addressed the Council.
The workshop was adjourned at 8:35 p.m.
Respec lly submi
eadiV°
ita H. Alvarez, MMC
Village Clerk
Approved this 8th d' March , 2011:
Franklin H. Caplan
Mayor
IFA PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE VILLAGE COUNCIL
WITH RESPECT TO ANY MATTER CONSIDERED AT A MEETING OR HEARING, THAT
PERSON WILL NEED A RECORD OF THE PROCEEDINGS AND, FOR SUCH PURPOSE,
MAY NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS
MADE, WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH
THE APPEAL IS TO BE BASED.
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